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maritime
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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
Where’s the Box?
Bill Mongelluzzo |
Is it a shortage or a deployment problem?<br /> <br />
Maritime
Forwarding
Growing on the Short Haul
Joseph Bonney |
Intra-Asia shipping is one of the world’s busiest container shipping areas, and a new free trade agreement between China and the Association of Southeast Asian Nations is aimed at meeting foreca
Maritime
Forwarding
LA-LB Import Volume Grows 18.3 Percent
JOC Staff |
Containerized import volume into Southern California ports jumped 18.3 percent in May, as the shipping recovery at Los Angeles and Long Beach picked up speed and retailers pushed more goods out of Asi
Maritime
Forwarding
North American ports
About the Top 100
Marsha Salisbury |
The Journal of Commerce’s Annual Top 100 Importers and Exporters ranking is based on data from PIERS Global Intelligence Solutions, a JOC sister company, and other industry sources.
Container lines
Forwarding
Longshore Workers Reject Virginia Wage Cuts
Joseph Bonney |
International Longshoremen’s Association members in Hampton Roads refused to accept lower pay for handling uncontainerized cargo and for handling containers that move on a barge shuttle between
Port News
Maritime
Forwarding
Maersk Plans Steep Peak Season Surcharge
Bruce Barnard |
Maersk Line is set to unveil a peak-season surcharge on the Asia-Europe liner trades in mid-July. <br /> <br />
Maritime
Container lines
Forwarding
Carrier Official Pleads Caution on Ocean Regulation
JOC Staff |
An ocean carrier representative, responding to a sharp broadside from a congressional leader, said legislators should be cautious about imposing new regulations on container ship lines because of prob
Transport, Trade, and Regulation News
Maritime
Container lines
Forwarding
Westbound Pacific Carriers Add Shipper Board
Bill Mongelluzzo |
SAN FRANCISCO — The Westbound Transpacific Stabilization Agreement, responding to criticism this year of carrier moves on rates and capacity, is forming an advisory board with shipper members to
Maritime
Container lines
Forwarding
Samudera Expands India-Singapore Capacity
JOC Staff |
Container carrier Samudera Shipping Line upgraded its feeder connections between India’s eastern Port of Kolkata and Singapore.<br /> <br />
Maritime
Container lines
Forwarding
Westbound Pacific Capacity Seen Returning Slowly
Bill Mongelluzzo |
SAN FRANCISCO — Shipping lines are implementing measures in westbound Pacific lanes that should provide a long-term solution to capacity and equipment shortages hitting U.S.
Maritime
Container lines
Forwarding
Oberstar Calls for Broad Ocean Shipping Reform
JOC Staff |
Decrying ocean container carrier business practices, the head of the House Transportation and Infrastructure Committee called Thursday for the end of antitrust immunity for vessel operators in the Uni
Transport, Trade, and Regulation News
Forwarding
Aircraft Transports 139-Foot-Long Cargo
Joseph Bonney |
Two 139-foot-long wind turbine blades transported recently in an Antonov AN-225 were the longest cargo pieces ever flown in an aircraft, said logistics provider Geodis Wilson, which managed the shipme
Air Cargo
Forwarding
Rickmers Maritime Wins Loan Extension
Bruce Barnard |
Rickmers Maritime, the Singapore-listed container ship charter owner whose survival during the trade and economic recession was in doubt, won a five-year extension to repay a $130 million top-up loan
Maritime
Container lines
Forwarding
Danaos Finds New Charters for Six Ships
Bruce Barnard |
Danaos, the Greek container ship owner, said it re-chartered six vessels, including some of its oldest ships, reflecting the improving conditions in the container ship charter market.<br /> <br />
Maritime
Forwarding
Major Ocean Carriers to Boost India-US Rates
JOC Staff |
Major ocean carriers plan to raise rates on India-U.S. trade lanes as demand picks up.<br /> <br />
Maritime
Container lines
Forwarding
Maersk, Hamburg Sud Add Second Service String
Bruce Barnard |
Maersk Line and Hamburg Sud will add a second string in their service between Asia, South Africa and the East Coast of South America in July in response to increased cargo demand during the peak shipp
Maritime
Container lines
Forwarding
India's Container Traffic Jumps 21 Percent
JOC Staff |
Container traffic at major ports in India for the April-May period increased by 21 percent over the same period last year, the Indian Ports Association said in a statement on Wednesday.<br />
Maritime
Forwarding
Cargo Volume Up 3.5 Percent at India's Ports
JOC Staff |
Cargo volume at major ports in India grew 3.5 percent in the April-May period compared with a year earlier, according to latest traffic figures released by the Indian Ports Association.<br />
Transport, Trade, and Regulation News
Maritime
Forwarding
Euroseas Buys In Growing Charter Market
JOC staff |
Charter operator Euroseas, joining an increasingly lively market for container ships, announced the purchase Monday of a used Handysize vessel, bringing its fleet to 16 ships. <br /> <br />
Maritime
Forwarding
Rickmers Launches Asia-US East Coast Service
Bruce Barnard |
Rickmers-Linie launched a breakbulk, project cargo and heavy-lift liner service linking North Asia with the U.S. East Coast and South America.<br /> <br />
Maritime
Container lines
Forwarding
Box Shortage Freezes Meat Exporters
x |
<img width="580" height="266" alt="" src="/sites/default/files/images/us_meat_exports(1).jpg" /><br /> <br />
Forwarding
Commerce Details Export Efforts
John D. Boyd |
President Obama’s goal of doubling U.S. exports within five years generated a set of nation-specific marketing plans, according to a senior U.S. trade official.<br /> <br />
Transport, Trade, and Regulation News
Forwarding
Freight Is Great
Joseph Bonney |
Bad news was everywhere at the end of May: The Dow was plunging 300 points, North and South Korea were rattling sabers, the eurozone crisis was threatening to spread, and an underwater gusher of crude
Transport, Trade, and Regulation News
Rail News
Air Cargo
Air Cargo Carriers News
Forwarding
Seaspan Adds New Container Ship
JOC Staff |
Seaspan said it bought a new container ship this week from China’s Zheijiang Shipbuilding, the first vessel the maritime charter operator has purchased since 2007. <br /> <br />
Maritime
Container lines
Forwarding
ACL/Grimaldi Adds Savannah to West Africa Loop
Peter Leach |
ACL/Grimaldi will start calling at Savannah with its West African Service in early July, the Georgia Ports Authority said Friday.<br /> <br />
Maritime
Forwarding
OOCL to Raise Rates to $250
Peter Leach |
OOCL said Friday it will raise freight rates on southbound cargo it transports from Asia to New Zealand as of July 15.<br /> <br />
Maritime
Forwarding
Freight Forwarder UTi Seeking Higher Rates
JOC Staff |
UTi Worldwide says it is raising prices for shippers after the global freight forwarder saw its profit margins squeezed amid rapid growth in demand in the company’s fiscal first quarter.
Transport, Trade, and Regulation News
Air Cargo
Forwarding
Fairstar Heavy Transport Places Heavy-Lift Ship Order
Bruce Barnard |
Fairstar Heavy Transport has ordered two heavy-lift ships from China’s Guangzhou Shipyards International in a deal worth around $204 million.<br /> <br />
Maritime
Forwarding
Los Angeles Reports Deep Pollution Reductions
Bill Mongelluzzo |
The clean-trucks program and other pollution-reduction measures slashed harmful diesel emissions at Los Angeles last year, according to the port's 2009 air emissions inventory. <br /> <br />
Maritime
Trucking News
Transport, Trade, and Regulation News
Forwarding
North American ports
Ceres Expands Baltimore Ro-Ro Terminal
JOC Staff |
Ceres Terminals signed a lease for 12 additional acres at the Port of Baltimore’s Dundalk Marine Terminal, the Maryland Port Administration said Thursday.<br /> <br />
Maritime
Forwarding
CMA CGM Adds Durban Call
Bruce Barnard |
CMA CGM announced its West Africa Express [WAX] service to Asia will call at the South African port of Durban.<br /> <br />
Maritime
Forwarding
Two Ships Hijacked by Somali Pirates
Peter Leach |
Two vessels hijacked by Somali pirates were retaken on Wednesday in separate incidents and a third vessel managed to avoid capture when it outran pirates.<br /> <br />
Maritime
Forwarding
Raymond Re-elected as Horizon Lines Chairman
Peter Leach |
Horizon Lines elected three Class II directors at its annual meeting Wednesday and re-elected CEO Charles G. Raymond as its chairman.<br /> <br />
Maritime
Forwarding
Extra Slow Steaming Absorbs 100 Ships
Bruce Barnard |
Ocean carriers have absorbed nearly 100 container ships with a combined capacity of 554,000 20-foot equivalent units by introducing extra slow steaming on key liner trade routes, according to a new re
Maritime
Container lines
Forwarding
Cisco Systems Inventory Signals Shipping Gains
William B. Cassidy |
Inventories at Cisco Systems increased 16.4 percent in value, to $1.3 billion, in its most recent quarter ending May 1, the company said.<br /> <br />
Maritime
Forwarding
Houston Port Sees Increased Steel, Fewer Containers
Joseph Bonney |
Steel shipments through the Port of Houston hit a 12-month high in April as container volumes dropped 14 percent from the comparable month in 2009.<br /> <br />
Maritime
Forwarding
Panama Canal Gets Key Dredging Bids
Peter T. Leach |
Six international engineering companies submitted bids Tuesday to dredge an area of the Panama Canal’s man-made Gatun Lake that is central to the massive project to upgrade the canal and its cap
Maritime
Container lines
Forwarding
OOCL Gets 32nd Samsung Ship
Peter T. Leach |
Orient Overseas Container Lines took delivery Tuesday of the last in a line of 16 vessels with a capacity of 4,578 20-foot equivalent container units that it ordered from Samsung Heavy Industries.
Maritime
Container lines
Forwarding
India's SCI Sees Net Profit Slump
JOC staff |
Net profit for the Shipping Corporation of India fell 60 percent to $82 million in the year ending March 31 as the global economic downturn hit the national carrier.<br /> <br />
Maritime
Forwarding
AAUS Carriers, Maersk Add Peak-Season Loop
Peter T. Leach |
The three carriers that belong to the AAUS Group — APL, Hamburg Sud, Hapag-Lloyd and Hyundai Merchant Marine — are teaming up with Maersk Line to add a peak-season service string to the tw
Maritime
Forwarding
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